Title 31, Money and FinanceRelease 119-102
§9301 Definitions
Title 31 › SUBTITLE VI — MISCELLANEOUS › CHAPTER 93 — SURETIES AND SURETY BONDS › § 9301
Summary
Defines two words used in the chapter. "Person" means an individual, a trust, an estate, a partnership, or a corporation. "Eligible obligation" means a security the Treasury Secretary can accept instead of a surety bond.
Full Legal Text
Title 31, §9301
Money and Finance, Source: USLM XML via OLRC
In this chapter—
(1)“person” means an individual, a trust, an estate, a partnership, and a corporation.
(2)“eligible obligation” means any security designated as acceptable in lieu of a surety bond by the Secretary of the Treasury.
Legislative History
Notes & Related Subsidiaries
Historical and Revision Notes
Revised SectionSource (U.S. Code)Source (Statutes at Large) 93016:15(10th, last sentences). In clause (1), the words after the semicolon are omitted as unnecessary because of the restatement. Clause (2) is substituted for 6:15(last sentence) for consistency and to eliminate unnecessary words.
Editorial Notes
Amendments
2006—Par. (2). Pub. L. 109–351 amended par. (2) generally. Prior to amendment, par. (2) read as follows: “ ‘Government obligation’ means a public debt obligation of the United States Government and an obligation whose principal and interest is unconditionally guaranteed by the Government.”
Reference
Citations & Metadata
Citation
31 U.S.C. § 9301
Title 31, Money and Finance
Last Updated
Aug 21, 2026
Release point: 119-102